Saunum Group (SAUNA) H2 2025 earnings summary

Executive summary

• Focused on internal process optimization and cost base reduction, including production streamlining to improve efficiency and reduce costs without sacrificing quality.

• Maintained strong sales focus in North America, expanding distributor network and technical support.

• Consolidated revenue for 2025 was €3.39 million, with a net loss of €252 thousand, a significant improvement from the €1.11 million loss in 2024.

• Achieved profitability in the second half of 2025, but not enough to offset earlier losses.

Financial highlights

• Revenue increased by 7.35% year-over-year to €3.39 million.

• Net loss narrowed to €252 thousand from €1.11 million in 2024.

• Operating margin improved to -6.08% from -33.36% in 2024.

• Cash at year-end was €36.5 thousand, up from €7.4 thousand at the end of 2024.

• Investments in intangible assets totaled €801.8 thousand, mainly for product development.

Outlook and guidance

• Main goal for 2026 is to achieve profitability and increase liquidity.

• North America expected to remain the primary growth driver, with new product launches planned for early 2026.